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vatar Capital Partners, an Asia-based asset management platform, has announced the final close of its inaugural real estate fund, ACP Real Estate Fund I, at JPY 15.2 billion (USD105 million). The Tokyo-focused fund attracted significant interest and achieved an oversubscribed final close within a year of launch. Townsend Group, a leading advisor to institutional investors globally, has made a strategic investment in the company.

    The fund's final close is supported by Townsend, alongside one of the world's largest pension funds and top-tier family offices and foundations throughout Asia. The Fund will capitalize on off-market opportunities in Japan's thriving living sector, focusing on acquiring high-quality multifamily assets in prime Tokyo locations. This strategy leverages strong fundamentals, including urban population growth and accelerating rental growth.

    "We are pleased to announce the successful close of our inaugural fund," said Ryuta Ueda, Founding Partner of ACP. "We welcome Townsend as our strategic partner, whose expertise and global perspective will accelerate our growth." The Fund has already acquired five premium multifamily properties in Central Tokyo and has a deep pipeline of opportunities.

    Angel Li, Founding Partner of ACP, noted that the Asia-Pacific region offers compelling real estate investment opportunities due to attractive financing conditions and inflation-driven growth potential. Japan's living sector stands out with favorable demographic tailwinds and sustained rental demand, making it an attractive investment landscape.